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by AnthonyMouse 3061 days ago
> If there are indeed more than 10,000 of these, then I agree it's selection bias to only look at the successful one. Do you think there were? Personally, I'm having trouble coming up with even a single equivalent case, though I'm sure there are at least a few.

Isn't this basically every startup? If it grows up to become Google or Microsoft, you 10,000X your money. And then 10,000 of them don't.

1 comments

The average person never gets the opportunity to be an early investor in startups. You could buy 10 bitcoins when they were $1. You couldn't buy Google stock until after they were successful.